First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Short Interest Up 40.0% in December

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,400 shares, an increase of 40.0% from the November 30th total of 1,000 shares. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is currently 0.2 days.

First Trust Latin America AlphaDEX Fund Price Performance

NASDAQ FLN traded down $0.19 on Monday, hitting $15.18. 8,265 shares of the company’s stock were exchanged, compared to its average volume of 17,099. The firm has a market cap of $15.18 million, a price-to-earnings ratio of 5.99 and a beta of 1.09. The firm’s 50-day moving average price is $16.54 and its two-hundred day moving average price is $17.56. First Trust Latin America AlphaDEX Fund has a fifty-two week low of $15.16 and a fifty-two week high of $21.07.

Institutional Trading of First Trust Latin America AlphaDEX Fund

Several hedge funds and other institutional investors have recently made changes to their positions in FLN. Horizon Advisory Services Inc. boosted its position in First Trust Latin America AlphaDEX Fund by 3.2% during the second quarter. Horizon Advisory Services Inc. now owns 22,133 shares of the company’s stock worth $390,000 after purchasing an additional 691 shares in the last quarter. Cottonwood Capital Advisors LLC boosted its position in shares of First Trust Latin America AlphaDEX Fund by 53.3% in the 3rd quarter. Cottonwood Capital Advisors LLC now owns 27,906 shares of the company’s stock worth $503,000 after buying an additional 9,703 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in First Trust Latin America AlphaDEX Fund by 27.7% in the 3rd quarter. Jane Street Group LLC now owns 69,053 shares of the company’s stock valued at $1,246,000 after acquiring an additional 14,960 shares during the last quarter.

First Trust Latin America AlphaDEX Fund Company Profile

The First Trust Latin America AlphaDEX Fund (FLN) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Latin America index. The fund tracks an index of Latin American firms screened based on a proprietary methodology, using various factors and weighted in tiers. FLN was launched on Apr 18, 2011 and is managed by First Trust.